Page 8 - Infinity Power Report

Infinity Power 2023 Sustainability Report 8

Identifying our material issues

Following best practice guidelines, in 2023 we Biodiversity and ecological impacts

conducted a rigorous materiality assessment in
Local job creation
which we considered the impact of sustainability Community engagement
MAJOR
issues on Infinity Power, as well as the impact of Human rights and supply chain Health, safety and security

the company on society and the environment. (employees and communities)

Conducting a materiality assessment enables Climate change mitigation Labour management and community unrest/grievances
and adaption
us to stay up to date with business risks and
opportunities and understand what matters most Community investment Renewable and reliable energy production

to our stakeholders. It also ensures we remain Renewable energy Business ethics, fraud and corruption
capacity building
accountable and compliant, by focusing our

IMPORTANCE TO STAKEHOLDERS
strategy and reporting on the issues that
matter most. Environmental Contractor partnerships
compliance
Lifecycle environmental impacts
To define our material issues, we conducted
SIGNIFICANT Socio-economic political risks
internal and external stakeholder engagement. Responsible land use/access

Internally, we reviewed the latest developments

in the renewable energy landscape and spoke Diversity and inclusion

to team members from across the business to (including gender)

understand how critical they believed each ESG

topic to be. Externally, we spoke to stakeholders

outside of our business to listen to their views and
their priorities. Using these insights, 17 material

issues were identified and prioritised based on

their importance to stakeholders and their impact
Our 17 material issues
on the company.
Our sustainability strategy revolves around these
MODERATE guide our objectives and the targets in this report.

The materiality matrix shows the results of this material issues and is grouped into four pillars to

prioritisation exercise. Issues placed higher

have a larger impact on stakeholders, whilst
DELIVERING STANDARDS OF
the further to the right an issue is, the more
ENERGY EXCELLENCE
significant its impact on the company. We aim

to re-evaluate materiality on an annual basis to PROTECTING THE NATURAL ENVIRONMENT

keep the business aligned with the changing ESG

landscape and emerging risks and opportunities. MODERATE SIGNIFICANT MAJOR
LEADING THE JUST ENERGY TRANSITION

IMPACT ON INFINITY POWER OPERATING WITH INTEGRITY